Investment analysts at StockNews.com started coverage on shares of Coffee (NASDAQ:JVA – Get Rating) in a note issued to investors on Sunday. The firm set a "hold" rating on the stock.
Coffee Stock Performance
JVA stock opened at $1.59 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.92 and a quick ratio of 1.93. The company has a 50 day moving average price of $1.87 and a 200 day moving average price of $2.10. Coffee has a fifty-two week low of $1.50 and a fifty-two week high of $3.24. The stock has a market capitalization of $9.08 million, a PE ratio of 22.71 and a beta of 1.21.
Get Coffee alerts:Institutional Trading of Coffee
Institutional investors and hedge funds have recently made changes to their positions in the business. Ancora Advisors LLC raised its position in shares of Coffee by 186.4% during the 1st quarter. Ancora Advisors LLC now owns 349,034 shares of the company's stock valued at $1,725,000 after acquiring an additional 227,147 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Coffee by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 389,664 shares of the company's stock valued at $951,000 after acquiring an additional 8,120 shares during the last quarter. Finally, Millennium Management LLC bought a new stake in shares of Coffee in the 4th quarter valued at $43,000. Institutional investors own 20.43% of the company's stock.
Coffee Company Profile
(Get Rating)
Coffee Holding Co, Inc is wholesale coffee roaster and dealer in the U.S. Its products are divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee. The Wholesale Green Coffee consists of unroasted raw beans imported from around the world and sold to large and small roasters and coffee shop operators.
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